Pending Home Sales Index Hit Record High of 132.8 in August
Washington, DC, September 30, 2020-The Pending Home Sales Index (PHSI) rose 8.8% to 132.8- a record high-in August, according to the National Association of Realtors.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Percent of Homeowners Remodeling Increased to 36% in Q2
Hackettstown, NJ, September 30, 2020-The National Kitchen & Bath Association (NKBA) released its Market Outlook report showing the remodeling industry is largely recovering from its Q1 COVID-19-induced dip.
Private Sector Employment Rose by 749,000 in September
Roseland, NJ, September 30, 2020-Private sector employment increased by 749,000 jobs from August to September, according to the September ADP National Employment Report.
Mortgage Applications Declined by 4.8% in Fourth Week of Sept.
Washington, DC, September 30, 2020-Mortgage applications decreased 4.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 25, 2020.
Q2 GDP Revised Down Slightly to 31.4% in Third Estimate
Washington, DC, September 30, 2020-Real gross domestic product (GDP) decreased at an annual rate of 31.4% in the second quarter of 2020, according to the third estimate released by the Bureau of Economic Analysis.
ITC Confirms Unilin Patent Decision Rendered in May
Wielsbeke, Belgium, September 30, 2020--On September 16, the U.S. International Trade Commission (ITC) confirmed the Initial Determination rendered by ITC Judge Shaw on May 15.
Mattie de Koning Named I4F Chief IP Officer
Hamont, Belgium, September 30, 2020—I4F announced that Mattie de Koning is joining its management team as the company’s chief IP officer, a new strategic function in the organization.
High Point Market & ASID Announce Virtual Design Viewpoints Series
High Point, NC, September 30, 2020—The High Point Market Authority (HPMA), in partnership with the American Society of Interior Designers (ASID), announces a rebrand of the popular Design Viewpoints Series (DVS) educational seminars, as well as its upcoming Fall Market virtual schedule.
Eric Loferski Named Director of Marketing for Bostik
Wauwatosa, WI, September 30, 2020—Bostik recently announced that Eric Loferski has joined the company as director of marketing, consumer & construction business unit—North America.
Carpet One Launches Pink Ribbon Welcome Mat Campaign
Manchester, NH, September 30, 2020—As breast cancer awareness month begins, Carpet One Floor & Home is launching their new pink ribbon welcome mat campaign.